Product Launch

Intec Telecom Systems PLC
28 January 2003



         Intec launches Inter-contenT - a complete solution for managing
            revenue streams from next-generation Content services



• Industry estimates for the value of content-based services exceed $80 billion
  in annual revenues by 2007

London, 28 January, 2003 - Intec Telecom Systems has announced the immediate
availability of a new OSS solution, Inter-contenT, which allows companies
involved in the delivery of content-based services to manage all key aspects of
revenue generation, including Partner Relationship Management (PRM), real time
content charging, and content revenue sharing. Inter-contenT will help network
operators, content providers and financial intermediaries win a share of a
market estimated to be worth $80 billion by 2007, as services such as music,
video and image downloads and streaming, mobile gaming, multi-media messaging,
and mobile payments enter the consumer mainstream. Inter-contenT incorporates
Intec's extensive experience of building revenue generation solutions that are
currently used by over half of the world's top 50 carriers.

Inter-contenT addresses a fundamental problem in the billing of high value,
content-based services: the existence of multiple organisations in the delivery
chain between creator and consumer. This creates problems in ensuring that
consumers are properly authenticated to receive services, that payment is
available, and that the revenue generated is correctly distributed. Using a
combination of PRM, real-time active and convergent mediation, and settlement
technology, Inter-contenT ensures that content services can be set up between
partners, brought into service and recognised on the network, that consumers can
be authenticated in real-time for payment, and the content or transaction
priced, delivered and charged, with each partner receiving the correct revenue
share.

"In 2002 Intec invested over $12 million dollars in product research and
development. Inter-contenT is one of the advanced solutions that we are bringing
to market in 2003 as a result of that investment," said Intec CEO Kevin Adams. "
Content is a market which is expected to take off in a big way in the next few
years, and Intec is ready with a solution that operators can install with
confidence."

Inter-contenT is a component-based solution that uses a number of leading-edge
technologies to build a flexible, real-time system that is adaptable to many
situations. Potential customers include, among others, mobile and broadband
network operators; content creation, aggregation and delivery specialists; and
financial services and billing providers. Inter-contenT can be integrated into
many different revenue-generation models within the content delivery chain, as
well as with existing billing and settlement systems.

"Inter-contenT is a real-world solution that can be installed with confidence
today, knowing that it can meet immediate, as well as longer term, content
management needs," said John Aalbers, Intec's Director, Next Generation
Solutions Business. "Content will be a very dynamic and innovative business,
where time to market is extremely important. As the range of Content services
develop in sophistication, adding more complex charging models, relationships
and revenue-sharing agreements, users can expand the capabilities of Inter-
contenT to match their requirements."

For more information:

Georgia Hanias/Andrew Rodaway                          Fergus Wylie/Sarah Brydon
[phone]                                    [phone]
[e-mail]               [e-mail]

[e-mail]


Notes to Editors:

Inter-contenT is based on a combination of active and convergent mediation,
settlement, payment management and PRM technology that is already proven in many
current and next generation carrier networks, including the world's major GSM
providers and the first production 3G networks. The flexibility of this approach
means that an Inter-contenT system can be implemented either as a complete
solution or integrated with existing systems and infrastructure through open
interfaces, thus maximising the return on investment of existing infrastructure,
whilst achieving the goals of the content business at the same time.

Users and applications of Inter-contenT include:

•  Mobile network operators - facilitation of real time charging,   validation
of payment capability through interfaces to prepaid or converged pre   and post
paid balance management platforms and other payment mechanisms such as  
credit/debit card; service delivery control; correlation of network usage and  
content value event records; complex rating, revenue sharing and settlements;  
and PRM.

•  Content owners and aggregators - recognition of service delivery
requests; user authentication and authorisation; creation of usage records and
revenue share statements and invoices; validation of revenue share claims; PRM.

•  Financial and billing intermediaries - user authentication; payment
and balance management; validation of revenue share claims; PRM.

In each case the required components of Inter-contenT are installed and
integrated to provide the services necessary for each user or application. Each
component is a true 'carrier grade' component with proven performance and
reliability in large-scale deployments.

Components of Inter-contenT

The PRM component of the Inter-contenT framework provides a complete tool for
managing content partners as well as allowing partner self-management. Key
capabilities include partner registration; definition and maintenance of revenue
share agreements, content-based products and services, and pricing structures;
launch and decommission of products and services; real-time access to billing
data; and web-based self-care for content partners.

The Real Time Content Charging component, based on Intec's industry leading
active mediation platform, provides a real time, multi-directional bridge
between users, balance management platforms, rating engines and content
providers, using the network infrastructure, and with the participation of banks
and authentication agencies as required. By definition, it is a secure system
that minimises fraud potential, and minimises repudiation of transactions
through strong authentication of users and content providers.

The Content Revenue Sharing component of Inter-contenT makes use of Intec's
industry leading convergent settlements technology. After a content transaction
has been completed, a pre-rated record representing the nature and value of the
content transaction is passed through Inter-contenT. This record forms the basis
of the revenue share between the operator, the content provider/aggregator, and
other partners involved. The content settlement component is responsible for
applying the terms of the revenue sharing agreements between the operator and
its partners. Billing data can be distributed to any other external system that
requires an immediate data feed.


Intec Telecom Systems

Intec Telecom Systems is an award-winning worldwide Operations Support Systems
("OSS") vendor for fixed, mobile and IP/next-generation networks, with more than
320 customers for its products worldwide.  Founded in 1997, Intec was listed on
the London Stock Exchange (Code: ITL.L) in June 2000. Intec is the market leader
in intercarrier billing systems and one of the top 2 suppliers of convergent
mediation software. The company is currently listed in Deloitte Touche
Tohmatsu's top 500 fastest growing companies in Europe, growing international
sales by almost 400% in 3 years. Intec's portfolio includes four core products:

•  Inter-mediatETM - convergent mediation solution

•  InterconnecTTM - intercarrier billing including US CABS and ITU

•  Inter-activatETM - flow-through provisioning and activation

•  Inter-contenTTM - end to end content management

Intec's customer base includes, among others, AT&T, BellSouth, BellSouth Peru,
Brazil Telecom, Cable & Wireless, Cesky Telecom (Czech Republic), COLT
Telecommunications, EBT (Taiwan), France Telecom, Hutchison 3G, ITXC, Maroc
Telecom, Maxis (Malaysia), Singtel Optus (Australia), Orange, Telecom Argentina,
Telecom Egypt, Telecom Italia, TPSA (Poland), SBC, Swisscom Mobile, T-Mobile
International, Telia (Sweden), Telkom South Africa, Telstra, US Cellular, Westel
(Hungary), Vodafone and Verizon.

For more information on Intec Telecom Systems, visit the website at:
http://www.intec-telecom-systems.com.







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